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So many bullish formations but such an ugly trend, what next?
BTCUSD Perpetual Contract
Long
So many bullish formations but such an ugly trend, what next?
By ViniciusBaccelli
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Jan 14, 2022
2
Jan 14, 2022
So many bullish formations but such an ugly trend, what next?
We have a huge falling wedge with a small Inverse H&S forming a cup and handle inside it. What the hell.
Anyways, even though the trend is very ugly and looks like it could take some time to recover, and S&P felt badly yesterday,
the dollar is free falling, and when that happens BTC usually gets exited, but the S&P too.
Even if we break it to the upside here we need to be careful when the markets open tomorrow.
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ViniciusBaccelli
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